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Affordable Aluminium Systems Limited

05997067

active
Private Limited Company
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

AFFORDABLE BUSINESS CENTRE BEACON ROAD, POULTON-LE-FYLDE, FY6 8JE
Incorporated 13/11/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Edward Gaughan

director · Since 22/11/2006

DIRECTOR

ENGLISH · UNITED KINGDOM · Age 76

Also on 8 other boards

Mr Andrew Hoop

director · Since 25/02/2017

MANAGER

BRITISH · ENGLAND · Age 60

Mrs Karen Mageean

director · Since 25/02/2017

MANAGER

BRITISH · ENGLAND · Age 61

Also on 4 other boards

Mr Laurence Sydney George Myers

director · Since 25/02/2017

MANAGER

BRITISH · ENGLAND · Age 56

Also on 2 other boards

Mr Simon Youles

director · Since 21/09/2018

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 1 other board

Mr Michael Gaughan

director · Since 21/09/2018

DIRECTOR

IRISH · ENGLAND · Age 71

Also on 1 other board

Mr Steven Fitzmaurice

director · Since 21/09/2018

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 1 other board

Persons with Significant Control

Affordable Aluminium Limited

75–100% shares
75–100% votes

Affordable Business Centre, Beacon Road, Poulton-Le-Fylde, FY6 8JE

Notified 07/11/2018

Former PSCs

Mr Edward Gaughan

Ceased 07/11/2018

Mr Michael Gaughan

Ceased 07/11/2018

Charges3 outstanding

Charge
outstanding

LLOYDS BANK PLC (COMPANY NUMBER 2065)

Created 21/03/2024Registered 28/03/2024
Charge
outstanding

LLOYDS BANK PLC

Created 25/06/2020Registered 29/06/2020
charge
satisfied

LLOYDS TSB BANK PLC

Created 24/12/2010Registered 29/12/2010Satisfied 26/05/2016
charge
outstanding

LLOYDS TSB BANK PLC

Created 14/06/2007Registered 23/06/2007

CompanyRankvs 6264+ SIC 68209 peers
64

Financial strength99th percentile among SIC peers · 25/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 3.59× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees9/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to g

Key FinancialsYear ending 31/03/2025

Net Worth

£6.7M

Balance sheet strength

Cash

£2.0M

Cash in the bank

Profit Before Tax

£2.3M

Bottom line earnings

Net Current Assets

£6.7M

Working capital

Current Assets

£9.3M

Current Liabilities

£2.6M

Debtors

£3.1M

Cost of Sales

£15.9M

Admin Expenses

£2.9M

Profit After Tax

£1.8M

1avg. employees-12

Tax at Year End

Corp tax£410k
Dividends paid£0

People Costs

Wages & salaries£4.8M

Balance Sheet

Bank loans & overdrafts£63k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20253.59+£1.8M
20242.17-£2.8M
20234.16
20192.88

Derived from filed accounts. Not audited figures.